Real Estate Math
A property sells for $210,000. The buyer makes a 10% down payment. What is the loan amount?
A$189,000✓ Correct
B$198,000
C$200,000
D$210,000
Explanation
Down payment = $210,000 × 10% = $21,000. Loan amount = $210,000 − $21,000 = $189,000.
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